The Shipping Industry Accounting Team: Communication and Team Issues Abstract Goldberg‚ Choo‚ and McKay Associates is a merger with three accounting firms. The accounting department has a division that deals with the shipping industry. After the merger‚ four accountants from different states united as one team. Each team member was new to a long-distance team relationship‚ so they were worried about how the team would function. They had a task to attract new customers
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THE SHIPPING INDUSTRY ACCOUNTING TEAM Summary: Sarah (the name given by us) has been working in McKay‚ Sanderson‚ and Smith Associates a mid-sized accounting team located in Boston that is specialized in commercial accounting and audits for past five years. Her specialty is accounting practices for shipping companies‚ ranging from small to certain big fleets along east coast. About two months ago her company merged with another two other accounting firms which has offices in Miami‚ Seattle‚ Baton
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Case Title: The Shipping Industry Accounting Team Case summaries must be submitted before class‚ on the days they are called in‚ to receive marks. 1) What type of team was formed here? Was it necessary‚ in your opinion? A virtual team was formed here. I think it was necessary‚ because all of the three firms made a decision together to not focus the whole business on only one office. Teams were put together with members from different areas of the country and had to communicate
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WITH TCS? 6 2.2 ROLE OF TCS IN THE SHIPPING WORLD 7 2.3 TCS IMPLEMENTING ERP AT KOCHI PORT 12 3. PHASE I – ASSET REVIEW AND CERTIFICATION COURSE 13 4. PHASE II - ASSET DEVELOPMENT 18 5.1 OBJECTIVE 1: TO STUDY AND ANALYZE THE FINANCING TECHNIQUES OF: (A) NEW SHIPS‚ (B) SECOND HAND SHIPS 33 5.1.1 COMPARISON OF WORLD’S TOP NATIONS IN TERMS OF SHIPS COMPLETED (IN GT) 48 5.1.2 FINANCIAL MARKET PRODUCTS 53 5.2 OBJECTIVE 2: TO ANALYZE VARIOUS KINDS OF SHIPPING MORTGAGES AVAILABLE ACROSS THE GLOBE
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Prepared By : Nithinlal.M PGDM ’13-‘15 Reg No : PG13027 Industry Overview Approximately 95% of India’s international trade by volume and 70% by value are seaborne. India has 11 major ports‚ 19 Medium port‚ and 187 minor ports along 7‚517 km long Indian coastline. It is strategically located as a major maritime nation due to its long coastline that flanks important global shipping routes. The National Transport Policy Committee (1980) recommended the following principles for
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| | |1 |Critically assess the key drivers of the Shipping Industry. |1 | | | | | |2 |To what extent are firms in the Shipping Industry likely to achieve what Hitt et al.‚ |6 | | |describes
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ng EXPORT-IMPORT BANK OF INDIA OCCASIONAL PAPER NO. 142 INDIAN SHIPPING INDUSTRY: A CATALYST FOR GROWTH Exim Bank’s Occasional Paper Series is an attempt to disseminate the findings of research studies carried out in the Bank. The results of research studies can interest exporters‚ policy makers‚ industrialists‚ export promotion agencies as well as researchers. However‚ views expressed do not necessarily reflect those of the Bank. While reasonable care has been taken to ensure authenticity
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1. The shipping industry structure will be explained via the 5 competitive forces of Porter: THREAT OF NEW ENTRANTS | New entrants face entry barriers such as: Large financial resources required to invest in a container terminal or in a shipping line. There is a big time lag between the investment (buying cranes‚ ordering vessels) and the start of operations. Conferences among shipping lines will determine the price and other conditions of the market. Vertical integration between terminals
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Risk Management in the Shipping Industry Shipping is a business that is extremely in tune with prevailing market sentiment. Its success depends on a prospering economy‚ due to the increased global trade. It is also partially sheltered from temporary downturns because businesses will switch from more expensive air freight‚ and save costs by using shipping as their means of transporting their goods instead. The industry is also an extremely competitive one‚ as there are only two main considerations
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Institute of Business Administration (IBA) University of Dhaka STRATEGY ANALYSIS FOR APL Prepared for Dr. Saiful Majid Professor Institute of Business Administration University of Dhaka Prepared by Rabiul Azam Roll No: ZR1201005‚ Batch: 12th Executive MBA Program May 20‚ 2014 Dr. A.K.M Saiful Majid Professor Institute of Business Administration University of Dhaka Subject: Letter of Transmittal. Dear Sir: I am pleased to submit
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